SUZLON

Share Price Target: Stock down 20% in 1 yr! 'We can wait for...' - Breakout alert by expert | Key levels to watch

Suzlon Share Price Target: Shares of renewable energy solutions provider Suzlon Energy today increased 1.84 per cent or Rs 0.96 to end at Rs 53.02 against the previous closing of Rs 52.06. The stock has given a return of 2.45 per cent in the last one week while it fell 9.32 per cent in the last one month, respectively. Year-to date (YTD), the energy stock has slumped 18.86 per cent and 19.36 per cent in the past one year, respectively. Even as the stock has not given a robust return in the last one year amid recent broader market pressure triggering a sell-off in the stock, Suzlon Energy is holding firm at a critical support level, setting the stage for a potential high-momentum breakout, according to a technical analyst.